Hello,
I am trying to get a grip on this.
A little confusing, I must admit. The rules are pretty simple but in real life...
I was also looking at EUR/USD. You guys are short on this pair but the weekly trend is clearly UP. Are we not suppose to look at the overall long term trend? Or just take whatever the multimeter gives us?
Which takes me to the next puzzle. The monthly trnd fo this par is red (down). But the month is basically 1 day old! Same for the week. As I am writing this, my week is 4 hours old! You see what i am getting at here. When is the signal valid?
Thanks
Insider
I am trying to get a grip on this.
A little confusing, I must admit. The rules are pretty simple but in real life...
I was also looking at EUR/USD. You guys are short on this pair but the weekly trend is clearly UP. Are we not suppose to look at the overall long term trend? Or just take whatever the multimeter gives us?
Which takes me to the next puzzle. The monthly trnd fo this par is red (down). But the month is basically 1 day old! Same for the week. As I am writing this, my week is 4 hours old! You see what i am getting at here. When is the signal valid?
Thanks
Insider